OLAV A MYKLEBUST AS

6150 ØRSTA

Finances

Return on Equity

20,95 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 841 000	11 740 000	13 717 000	12 754 000
Net Income	1 515 000	557 000	1 630 000	1 076 000
Total Assets	8 746 000	13 019 000	12 931 000	12 408 000
Total Equity	7 231 000	5 716 000	5 226 000	3 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 841 000	11 740 000	13 717 000	12 754 000
Expenditure	3 823 000	3 768 000	3 632 000	4 184 000
Operating Profit	761 000	733 000	1 831 000	1 088 000
Financial Income	963 000	80 000	108 000	161 000
Financial Costs	49 000	99 000	119 000	174 000
Financial Balance	914 000	−19 000	−11 000	−13 000
Earnings Before Tax	1 674 000	714 000	1 821 000	1 076 000
Tax	160 000	157 000	190 000	0
Net Income	1 515 000	557 000	1 630 000	1 076 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 952 000	9 407 000	9 234 000	8 789 000
Total Current Assets	3 795 000	3 612 000	3 697 000	3 618 000
Total Assets	8 746 000	13 019 000	12 931 000	12 408 000
Total Retained Equity	5 407 000	3 892 000	3 402 000	1 923 000
Total Equity	7 231 000	5 716 000	5 226 000	3 747 000
Total Long-Term Debt	0	3 140 000	3 321 000	4 051 000
Total Current Debt	1 516 000	4 163 000	4 384 000	4 609 000
Total Equity and Debt	8 746 000	13 019 000	12 931 000	12 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 841 000	11 741 000	13 680 000	12 754 000
Other Income	0	0	38 000	0
Revenue	11 841 000	11 740 000	13 717 000	12 754 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 108 000	1 995 000	1 814 000	1 975 000
Depreciation	48 000	72 000	114 000	139 000
Impairment	0	0	0	0
Expenditure	3 823 000	3 768 000	3 632 000	4 184 000
Operating Profit	761 000	733 000	1 831 000	1 088 000
Financial Income	963 000	80 000	108 000	161 000
Financial Costs	49 000	99 000	119 000	174 000
Financial Balance	914 000	−19 000	−11 000	−13 000
Dividends	0	0	0	0
Net Income	1 515 000	557 000	1 630 000	1 076 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	54 000	71 000	218 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	106 000	157 000	169 000
Total Tangible Assets	87 000	106 000	157 000	169 000
Total Fiancial Fixed Assets	4 813 000	9 247 000	9 007 000	8 402 000
Total Fixed Assets	4 952 000	9 407 000	9 234 000	8 789 000
Stock	2 390 000	2 314 000	2 346 000	2 225 000
Total Investments	10 000	15 000	11 000	12 000
Cash, Bank	1 098 000	71 000	57 000	87 000
Total Current Assets	3 795 000	3 612 000	3 697 000	3 618 000
Total Assets	8 746 000	13 019 000	12 931 000	12 408 000
Total Equity	7 231 000	5 716 000	5 226 000	3 747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 140 000	3 321 000	4 051 000
Creditors	343 000	1 640 000	1 824 000	1 960 000
Unpaid Taxes	369 000	110 000	267 000	262 000
Dividends	0	0	0	0
Other Current Debt	647 000	1 273 000	1 272 000	1 240 000
Total Current Debt	1 516 000	4 163 000	4 384 000	4 609 000
Total Equity and Debt	8 746 000	13 019 000	12 931 000	12 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,95 %	9,74 %	31,19 %	28,72 %
Debt-to-Equity Ratio	0	0,55	0,64	1,08
Operating Profit Margin	6,43 %	6,24 %	13,35 %	8,53 %
Current Ratio	2,5	0,87	0,84	0,78
Quick Ratio	−4,34	1,95	1,81	1,52
Equity Ratio	0,83	0,44	0,4	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %